Chapter 1000 Vision 2020

Another point is that Barron currently owns the world's second largest aircraft leasing company, Global Lease Finance, and if Ryanair gets Barron's support, they will be more flexible in the deployment of routes because they can easily obtain the resources of this aircraft leasing company.

This will also be one of the bargaining chips for the European Wealth Fund to negotiate with the other party.

In fact, there are still many airlines in the world that can be put on the list of airlines for sale.

After all, just like Alitalia, before this, affected by the global economy, people often began to choose cheaper low-cost airlines for travel, including the European and North American markets, so there are also many airlines that have been impacted. This is also one of the reasons why a wave of mergers and acquisitions between airlines has begun in the next few years.

Well, this is not over yet. When these airlines have improved slightly, the global epidemic will bring great impact to these airlines.

Therefore, compared with this, the acquisition of low-cost airlines like Ryanair is still more promising.

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On May 15, the Kolo government released the "Vision 2020 White Paper".

In this "White Paper", the Kolo government planned the future development of the country and issued a series of policies to build Kolo into a financial and technological center in West Africa and even the whole of Africa.

The first is their "Information Highway Plan". According to this plan, the Kolo government will invest a total of 50 billion Kolo shillings to upgrade Kolo's broadband and communication facilities. It will first complete the full coverage of optical fiber and 4G networks in the three cities of Britta, Loti and Dassault and the surrounding areas, and then complete the full coverage of optical fiber and 4G networks in Kolo within 5 years, and 5G network coverage in major cities.

In addition, the Kolo Industrial Investment Fund will establish a technology incubation center in Britta to provide financial and facility support for start-ups in the Internet and high-tech fields.

In addition, Colo will optimize its tax policy to attract enterprises and talents to settle in. Starting from January 1, 2015, Colo will no longer levy personal income tax, and will impose a low tax rate on corporate operations. Its comprehensive corporate tax rate will be only 12.5%, and there will be corresponding tax exemptions for supporting industries including the Internet and blockchain. According to estimates, the actual tax rate can be as low as 5-7.5%.

In terms of education, Colo will build three new universities in the three cities of Britta, Loti and Dassault, and establish no less than 10 technical colleges within 5 years. These schools will recruit students from home and abroad and provide full scholarships for students with excellent grades.

In addition, the White Paper also formulated the infrastructure plan for Kolo, including the 280-kilometer high-speed railway that is currently under negotiation with China. Once the Buluo high-speed railway is completed, the time from Loti, the largest port in West Africa, to the capital Buluo will be shortened to less than 50 minutes, making the flow between the two largest cities in Kolo smoother.

After all, Africa's overall economic development is relatively backward, especially compared with Europe, the United States and East Asia, the gap is huge.

The only country that can be called economically good is South Africa among the "BRICS", but South Africa's current economy...

Therefore, on this continent, if there can be a relatively stable political situation, as well as perfect infrastructure, convenient transportation and other conditions, then Kolo has the hope of becoming a "safe haven" for wealthy people and entrepreneurs in Africa.

After all, even in the poorest countries, there are still wealthy people.

Then Kolo first lowered the domestic tax rate to increase its attractiveness to capital. Although the exemption of personal income tax and the reduction of corporate tax will reduce the income of the Kolo government in the short term, Kolo itself has rich oil and gas resources. The government still has sufficient sources of funds by relying on its shareholding dividends in the Kolo oil field and related special taxes.

And in the long run, if more funds can be attracted to Kolo, it will be equivalent to making the pie bigger. Even if the tax rate is extremely low, I am afraid that the final income will not be lower than before.

In addition, Kolo also targeted the blockchain and Internet high-tech industries. If the development of these industries, the basic condition is to have good network facilities, and the investment in optical fiber and mobile networks is imperative.

Many African countries are very rich in resources. If they can have a stable political situation and then invest in education, transportation and other fields, it is not difficult to develop.

But the problem is that political stability alone is extremely rare for African countries.

In fact, in addition to re-export trade and oil, gas and petrochemical industries, there is another industry that is developing rapidly in the Loti Port of Kolo, that is, gold trading.

The gold trading here started when the BFT Fund bought a large amount of gold spot before the subprime mortgage crisis in 2008 and deposited it in the underground vault of the United Bank of Africa (formerly the United Bank of West Africa) in Britta.

After that gold purchase, Kolo immediately became famous in African countries because of the large amount of gold purchased and the quick payment.

After that, although the BFT Fund later sold the gold spot to the Kolo government as their gold reserves, Barron knew that even though the gold price was relatively high at the time, there would still be considerable room for the gold price to rise. Therefore, the Kolo government did not rush to repay various loans with the foreign exchange income it obtained, but continued to establish a long-term gold acquisition center in Port Loti to purchase gold spot for a long time.

After all, their loans from the World Bank, the European Union, China and other countries are low-interest or even interest-free loans based on corresponding aid or infrastructure projects.

In this case, it is better to use their foreign exchange to purchase gold spot. Anyway, they are happy to use Kolo's oil and gas resources to compensate for China's loans. As for other loans, when the gold price rises, they will sell part of them or directly repay them with gold. I believe the other party will also be happy to accept it.

So over the years, the gold acquisition center originally established by the Kolo government in Loti has gradually developed into a gold market.

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You know, gold is not something that is too scarce in many African countries. At the same time, the political situation in many countries is not stable. Those military leaders who came to power through coups do not know how long they can maintain their rule over the country. Of course, they are in a hurry to use the country's resources to fill their pockets. Therefore, these people are also eager to exchange the gold they get from the gold mines for assets that are easier to transfer overseas-such as US dollars and pounds in Swiss bank accounts.

Moreover, the gold sold by these people can even be discounted. After all, many times, they are more or less sanctioned. It is difficult to sell such a large amount of gold spot at one time through formal channels, and because of the purity of some gold, the price itself will be lower.

Therefore, the gold market here even has supporting industries for smelting and fine processing, and as the scale of transactions here expands, many jewelry production and sales industries have also been added.

Because the cost is relatively low, the selling price of some gold jewelry is also relatively low. Many people who come to Kolo for tourism will come here to buy some gold jewelry...

The gold industry has gradually become a rapidly developing business in Loti.